Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109
St. Joseph, MO    Thu, May 24, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday, 05/23/2012

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   47,149    141,387      58,335      147,194      41,158      128,736
Live:       5,081     25,091       5,671       22,711       8,693       30,813
Total:     52,230    166,478      64,006      169,905      49,851      159,549

NEGOTIATED GRID NET:
Dressed:    4,976     16,780       3,227       14,837       5,390       18,609
Live:         291      4,755       1,040        3,436         513        1,813
Total:      5,267     21,535       4,267       18,273       5,903       20,422


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,433     63.7     651-977     844   175.27-212.87      198.68
65 - 80% Choice   5,754     64.3     681-1,002   866   185.18-211.61      194.86
35 - 65% Choice  13,201     65.1     649-942     868   185.68-206.37      192.33
 0 - 35% Choice     611     64.6     710-884     802   182.55-192.89      187.05
HEIFER
Over 80% Choice   2,132     63.5     640-961     770   183.91-212.87      197.04
65 - 80% Choice   3,059     64.7     712-837     761   185.31-207.21      194.88
35 - 65% Choice   2,100     65.3     664-908     808   186.67-200.03      192.18
 0 - 35% Choice     112     66.0     811-811     811   191.00-191.00      191.00
MIXED STEER/HEIFER
Over 80% Choice   1,085     63.2     705-872     807   191.59-197.20      193.95
65 - 80% Choice   2,417     63.2     651-882     804   170.77-198.75      192.75
35 - 65% Choice     992     63.8     695-880     817   189.31-196.71      191.76
 0 - 35% Choice                         -                    -
ALL DRESSED STEERS AND HEIFERS
                 35,896     64.5     640-1,002   837   170.77-212.87      193.98
MIXED STEER/HEIFER/COW
Over 80% Choice   1,074     65.7     757-816     804   191.55-198.21      194.78
65 - 80% Choice   2,847     65.1     719-886     791   183.57-196.36      192.50
35 - 65% Choice   1,385     65.3     695-831     769   174.14-192.96      189.03
 0 - 35% Choice     342     65.1     642-755     723   180.75-181.31      181.15
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,020     60.5     767-878     830   187.17-195.72      190.33
65 - 80% Choice   2,120     61.7     774-906     854   178.48-196.19      189.84
35 - 65% Choice   2,252     61.3     709-923     861   182.85-195.22      186.23
 0 - 35% Choice     213     61.4     669-891     853   184.64-185.55      185.26


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     907     63.5   1,175-1,419  1,365  120.53-135.69      124.25
65 - 80% Choice     553     62.9   1,258-1,325  1,297  123.00-127.78      124.26
35 - 65% Choice   1,328     63.6   1,150-1,325  1,277  118.31-125.75      122.46
 0 - 35% Choice     326     62.6   1,211-1,287  1,264  120.50-127.72      125.57
HEIFER
Over 80% Choice      58     63.7   1,180-1,252  1,235  122.60-137.41      126.17
65 - 80% Choice     531     63.9   1,122-1,325  1,176  123.50-139.10      127.02
35 - 65% Choice     916     64.0   1,144-1,350  1,218  116.00-127.75      124.23
 0 - 35% Choice     195     62.2   1,350-1,375  1,361  120.50-123.00      121.87
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice      80     63.0   1,283-1,283  1,283  124.50-124.50      124.50
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  4,894     63.5   1,122-1,419  1,276  116.00-139.10      124.08
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice     187     61.0   1,350-1,350  1,350  117.90-117.90      117.90
 0 - 35% Choice                         -                    -


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     555     62.7     710-938     877   189.63-196.98      193.90
65 - 80% Choice      76     64.3     791-791     791   190.67-195.59      193.00
35 - 65% Choice     355     66.8     874-952     893   180.30-194.00      186.24
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice     270     62.8     621-812     686   189.00-198.69      195.94
65 - 80% Choice      39     64.4     745-745     745   192.78-192.78      192.78
35 - 65% Choice                         -                    -
 0 - 35% Choice     251     62.0     829-939     878   172.92-177.42      175.44
MIXED STEER/HEIFER
Over 80% Choice   1,513     62.8     679-870     805   187.00-204.69      194.63
65 - 80% Choice     203     63.2     671-889     754   191.25-198.46      194.93
35 - 65% Choice     127     63.4     660-863     783   182.24-190.78      185.60
 0 - 35% Choice                         -                    -
ALL DRESSED STEERS AND HEIFERS
                  3,389     63.2     621-952     817   172.92-204.69      191.93
MIXED STEER/HEIFER/COW
Over 80% Choice      69     66.1     805-805     805   195.00-195.00      195.00
65 - 80% Choice     252     61.9     652-900     837   171.62-195.09      180.50
35 - 65% Choice     232     60.0     575-902     772   176.42-187.25      181.47
 0 - 35% Choice      74     58.8     732-754     743   177.62-182.89      180.26
DAIRYBRED STEER/HEIFER
Over 80% Choice     675     60.3     777-898     857   184.89-191.26      188.10
65 - 80% Choice     285     60.4     756-868     841   183.46-187.14      185.47
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice     101     61.4   1,330-1,330  1,330  118.66-118.66      118.66
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice     190     62.9   1,192-1,203  1,199  120.10-124.35      122.81
65 - 80% Choice                         -                    -
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL LIVE STEERS AND HEIFERS
                    291     62.4   1,192-1,330  1,244  118.66-124.35      121.37
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM               11,015         823         191.54
 KANSAS                  5,373         884         194.11
 NEBRASKA                5,747         859         194.99
 COLORADO                6,435         836         194.57
 WESTERN CORNBELT        1,054         829         195.66
  TOTAL 5-AREA          29,567         844         193.48
 N.CENTRAL/E.MT          2,009         798         200.16
 WESTERN STATES          4,171         807         194.55
 EASTERN CORNBELT           92         836         192.35
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                  239         902         182.47
 KANSAS                     81         746         194.09
 NEBRASKA                  902         820         194.09
 COLORADO
 WESTERN CORNBELT          640         825         187.28
  TOTAL 5-AREA           1,862         829         190.26
 N.CENTRAL/E.MT            113         851         194.10
 WESTERN STATES
 EASTERN CORNBELT        1,102         787         193.72
 NORTHEASTERN STATES       312         839         194.87


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Regional Breakdown:
  WESTERN CORNBELT - IA,MN,MO.
  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX
  N.CENTRAL/E.MT - MT,ND,SD,WY.
  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.
  EASTERN CORNBELT - IL,IN,KY,MI,WI.
  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.
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Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews


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